1 live product
Great Southern Bank
Best match at selected term
Standard Rate Term Deposit 1-12 months
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$5,000
Finding the best rates…
Bank One
Best available
Up to 4.75% p.a.
Line-up
1 live product
Compare Great Southern Bank and Westpac term deposits in March 2026. Great Southern Bank offers rates up to 4.75% p.a. across 12 term lengths, while Westpac reaches 3.55% p.a. across 17 terms.
Tune The Comparison
1 live product
Best match at selected term
Standard Rate Term Deposit 1-12 months
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$5,000
1 live product
Best match at selected term
Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$5,000
Live edge
Great Southern Bank currently pays 1.20% more at 12 months, worth about $120 extra on $10,000.
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Great Southern Bank | Westpac |
|---|---|---|
| Rate at selected term | 4.75% | 3.55% |
| Best headline rate | 4.75% | 3.55% |
| Minimum deposit | $5,000 | $5,000 |
| Interest payment | maturity | maturity |
| Terms available | 12 | 39 |
Every tracked term deposits option from Great Southern Bank.
Every tracked term deposits option from Westpac.
Great Southern Bank's best term deposit rate is 4.75% p.a. across 12 variants, while Westpac offers up to 3.55% p.a. across 39 variants. Great Southern Bank pays 1.20% more, earning you an extra $600 on a $50,000 deposit over 12 months.
Great Southern Bank offers terms of 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, while Westpac covers 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, 1.9166666666666667 years, 2.9166666666666665 years, 3.9166666666666665 years, 4.916666666666667 years, 5 years.
| Feature | Great Southern Bank | Westpac |
|---|---|---|
| Best Rate | 4.75% | 3.55% |
| Min Deposit | $5,000 | $5,000 |
| Terms Available | 12 | 17 |
Common Questions
Great Southern Bank currently offers the higher rate at 4.75% p.a. Compare specific terms and deposit amounts for the most accurate comparison.
Great Southern Bank's best term deposit rate is 4.75% p.a. They offer 12 different term lengths.
Westpac's best term deposit rate is 3.55% p.a. They offer 17 different term lengths.
At current rates, Great Southern Bank pays approximately $600 more per year on a $50,000 deposit, based on their 1.20% rate advantage.
Bank Two
Best available
Up to 3.55% p.a.
Line-up
1 live product
| Payment Options |
| maturity |
| annually, maturity, half-yearly, monthly |
Great Southern Bank currently offers a 1.20% higher term deposit rate.
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